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Apr 17, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com for those nights when it's more than a bad dream, be ready. for the times you need to double-check the temperature on the thermometer, be ready. for high fever, nothing works faster or lasts longer. be ready with children's motrin. plays a key role throughout our lives. one a day women's 50+ is a complete multivitamin designed for women's health concerns as we age. it has 7 antioxidants to support cell health. >>> the stories of the community coming together are helping boston and the rest of us deal with this tragedy. case in point, kevin cullen gotten e-mail from his nephew serving in afghanistan. he sent this picture and asked kevin to tell bostonians he has reenlisted. says kevin, our enemies at home and abroad have been warned. kevin cullen joins me now. it's amazing to me everywhere that people want to raec
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com for those nights when it's more than a bad dream, be ready. for the times you need to double-check the temperature on the thermometer, be ready. for high fever, nothing works faster or lasts longer. be ready with...
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Apr 23, 2013
04/13
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the web sales tax bill has caused opposites to attract. on one side you have senators, a republican and a democrat both supporting it. on the other side arm and arm opposing it. the senate bill is the latest of what are called amazon laws, efforts to capture of what will amount to almost a quarter of a trillion online sales. that computer bought online could be $200 more. shirt and shorts is $20 higher than before with the tax. all of that could equal over $20 billion a year. 45 states are eyeing that revenue. the other five would have to create tax systems from ground zero. the measure has pit big box stores as well as a minority of etail ers. >>> amazon has physical locations in many states so it has to collect sales tax. it feels it is losing sales to the smaller online retailers. e bay says it is unfair to force small e-tailers. this bill might not be necessary if we pay the across the state sales taxes on our own. only 1% of us supposedly do. >> i am surprised it is 1%. that wraps up this hour of "jansing and co." i don't make any dec
the web sales tax bill has caused opposites to attract. on one side you have senators, a republican and a democrat both supporting it. on the other side arm and arm opposing it. the senate bill is the latest of what are called amazon laws, efforts to capture of what will amount to almost a quarter of a trillion online sales. that computer bought online could be $200 more. shirt and shorts is $20 higher than before with the tax. all of that could equal over $20 billion a year. 45 states are...
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Apr 24, 2013
04/13
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basically if you are in a state where the store isn't, you'll have to pay online taxes. you're in north carolina, you buy from an online store that's based in north carolina, you have to pay taxes. if you are in another state and you buy from that store, technically you're supposed to pay taxes but they don't have to collect them. >> nobody does it? >> nobody does it. >> not all small businesses would be affected by this law, right? a lot of them are upset. why? >> if you have less than $1 million in revenue you are not affected by this. small businesses are split on this. depends who you compete against. if you are a small business doing a lot of sales on the internet and people don't have to pay sales tax, then that's an advantage to you, right? you can be cheaper than walking down the street and buying from a big box store. on the flip side, if you're a small business and you're doing most of your business in your state, then suddenly you're at a disadvantage because someone can buy something online from somebody else and not pay taxes. >> there's an additional concer
basically if you are in a state where the store isn't, you'll have to pay online taxes. you're in north carolina, you buy from an online store that's based in north carolina, you have to pay taxes. if you are in another state and you buy from that store, technically you're supposed to pay taxes but they don't have to collect them. >> nobody does it? >> nobody does it. >> not all small businesses would be affected by this law, right? a lot of them are upset. why? >> if...
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Apr 22, 2013
04/13
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the whole idea is to collect sales tax on all internet purchases so that basically the day of tax-free online shopping could be numbered. the bill would give states authorities to collect sales taxes on purchases which would give state governments as much as $11 billion per year in added revenue and as you know, there are states out there that can use the extra revenue. another interesting side to this story is online retailers for a long time have been able to undercut their noninternet competitors. names like amazon. and obviously brings and mortar retailers feel it will help level the playing field. you would go to best buy and try things out and then go to amazon and buy it for cheaper. >> gas prices are going down. >> the average price for regular gasoline here fell 11 cents a gallon in the past two weeks to 3.54. in fact, average prices have fallen 26 cents from the peak which was back on february 22nd and down 38 cents from the price on april 20th last year. however, don't get too excited. some people are saying the trend of lower gasoline prices may reverse soon because of risi
the whole idea is to collect sales tax on all internet purchases so that basically the day of tax-free online shopping could be numbered. the bill would give states authorities to collect sales taxes on purchases which would give state governments as much as $11 billion per year in added revenue and as you know, there are states out there that can use the extra revenue. another interesting side to this story is online retailers for a long time have been able to undercut their noninternet...